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20130204
20130212
STATION
MSNBC 3
MSNBCW 3
LANGUAGE
English 11
Search Results 0 to 10 of about 11 (some duplicates have been removed)
MSNBC
Feb 7, 2013 12:00am PST
. republicans are winning the battle, wouldn't you say, when it comes to balancing? over two-thirds of deficit reduction has come from cuts to domestic programs, and it's not exactly fair. but now the house progressive caucus has come out with what they call the balancing act. it's a common-sense plan to reduce the deficit by closing tax loopholes and cutting wasteful defense spending. here is the chart of the plan. there is $1.7 trillion in new revenue. the $1.7 trillion in spending cuts is still there. this looks like a much fairer chart than the current system, don't you think? and it's estimated to reduce the deficit by $3.3 trillion. remember, we're trying to hit $4 trillion. so we're getting closer. the plan ends tax loopholes for yachts and for jets. it reduces the corporate meal and entertainment deduction to 25%. you can't write off the whole dinner anymore. it ends fossil fuel subsidies for oil companies that are raking in massive profits. exxonmobil, you know what their profit was? $44 billion in 2012. the last thing they need right now is your tax dollars as subsidy. the balancing
MSNBC
Feb 6, 2013 5:00pm PST
. >> they need to make cost-cutting measures. i mean, they've been running in the deficit for quite a while. >> you know, those folks look like just hard-working knowledgeable americans that care about the country. but they're so wrong. it's not about e-mails and it's not about ecommerce. it's about the republican party destroying the middle class in this country. and i wonder how many of those folks right there who don't rely on the post office, how they're going to feel when their netflix deliveries are delayed. what? they're not here for saturday night family movies? that's right. people definitely take the post office for granted. most everything americans know about the post office is absolutely wrong. they haven't paid attention to the story. and into the mainstream media, here we go. this morning, the "washington post" is telling people that the post office suffered tens of billions of dollars in losses in recent years with the advent of the internet and ecommerce. really? plenty of other media outlets. well, they are taking their information directly from the republican talking poin
FOX News
Feb 6, 2013 8:00am PST
an economic value of negative $16.3 billion. that is basically a deficit in its capital reserve because of mortgages continuing to go bad. but one fha critic, ed pinto, of the american enterprise institute testified today by his analysis the fha is actually short by more than $50 billion. so critics say that this means the fha is headed for a bailout but, fha supporters say that the critics are hyperventilating. >> if the fha were a private financialness stigs likely somebody would be fired, somebody would be fined or the institution would find itself in receivership. instead it is merely merrily on its way to becoming the recipient of the next great taxpayer bailout. >> i don't think there are many independent people think we're looking at the next great bailout. yes, the fha is little bit of an issue at the moment because of its countercyclical mission, by the way it was part of a their original mission to come in during the difficult times. they did that and they are in trouble because of it. >> reporter: house republicans got legislation through congress last year to try to reform t
Current
Feb 7, 2013 3:00am PST
appropriations committee yesterday we learned that we're actually making progress in getting the budget deficit to shrink below a trillion dollars. which you have saluted as good news. >> you know, a lot of people forget what president bill clinton did. if we would have just continued what he did back when he left office, we would have been -- we had a surplus. we wouldn't be in this situation. but bottom line is the deficit is i believe it is the lowest in some time in 2008. we ought to be celebrating we're actually moving the target down. it is moving down instead of going up. but nobody has picked up. i'm glad she picked that up. bill and victoria, thank you for telling the listeners that president obama and all of us working together, we're actually bringing down the deficit. >> bill: the deficit's going down and the market the dow is going up. so there is some good economic news that you never hear about except here on the "full court press." congressman henry cuellar great to have you with us this morning. >> thank you, bill and victoria. >> bill: we'll be back to continue our conversatio
Current
Feb 11, 2013 3:00am PST
away. right? >> right. >> but republicans got to the brink and caved on the deficit ceiling. they got to the brink and they caved on sequester the first round. now, sequester comes back and still with the budget. and and they are saying, no, no, no. they are saying again that we are never going to agree with this unless we get major, major spending cuts and social security and welfare but can we believe him anymore? i mean it looks to me at the same time like they will get to the brink again and realize, no, no, no. we can't do this. if we look at recent history, that would be the course. what's fascinating is the republicans see this as the major bargaining chip to get their desired spending cuts but if we remember from their campaign last fall we saw mitt romney and paul rind on trying to avert the sequester saying this would be a really bad thing, you know, especially for defense. now, we kind of see a reverse here john boehner has said that he does not support a delay which the president wants, which the president outlined last week. so t
Current
Feb 6, 2013 3:00am PST
. >> no. no. well the first of the year on the fiscal cliff. on the deficit. then they caved, once they came back. right? on the budget and extended things again. isn't it likely no matter their bluff, they are going to cave on the sequester as well? >> we will see what happens. on top republicans are set to unveil their package with sec wrestration and they are likely to introduce a plan to pay for a year's worth of sequester cuts, a year reduction in the federal work force through attrition, not people losing their jobs but that's what they are set to unveil. >> that's kelly ayott, the chair of the house armed services committee and reveal an alternate plan and say what president obama suggested is dead on arrival in the house, not going to make it through congress >> bill: but they will come up with their own plan? >> they will later this afternoon. >> juan aa summers reporter for politico pro the paid addition? >> we are behind the pay wall but i pop up on the main site to cause trouble. >> defense related issues chuck hagel's nomination sequester,
Search Results 0 to 10 of about 11 (some duplicates have been removed)